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Message: [QUOTE="Black Panther, post: 14239, member: 3"] An imprint record label in the music industry only exists in the form of a name-value which is not a legally recognized business organization. It's more like a contractual joint venture to split profits when an already signed artist discovers and brings new talent to a major record label's roster. But a vanity record label is a business entity i.e. a legally registered firm formed before an artist is signed to a major record label or after. Generally speaking, a major record label will own the vanity label's X percentage of shares while the main artist owns Y percentage of shares. Sometimes a major record label will get to own everything through full-acquisition when they sign an artist who already had his or her own label during the time they were still on the come up. In summary, a vanity record company will always be underneath a major label as a legal subsidiary business entity. [/QUOTE]